Real-Estate & Infrastructure

Information Technology zone of the Korean Export Processing Zone (KEPZ) in Chattogram has received the status of a private hi-tech park, which will be established on 100 acres of land.

The government has restructured for a second time the committee formed to amend the Bangladesh Labour Rules 2015 in 2019.

Fifty-seven thousand companies have been brought under the tax net in the last three months, according to a report prepared by a National Board of Revenue’s taskforce.

The government will expand the off-dock facilities to help ease congestion at Chattogram seaport and facilitate quick clearance of container cargos by allowing unloading from outside the port area.

Women entrepreneurs are demanding special allocations of working capital and other financial support from the government to recover from losses suffered from the Covid-19’s fallout.

The Executive Committee of the National Economic Council (ECNEC) Tuesday approved a Taka 16,918.59 crore South Asia Subregional Economic Cooperation (SASEC) Dhaka-Sylhet Corridor Road Development project in a bid to ensure overall economic development by improving regional road connectivity.

The cost of two projects related to the much-hyped Payra Sea Port continues to shoot up and their completion is facing delays although the port belongs to the government’s list of fast-track projects.

The National Board of Revenue is set to raise the adjustment limit on payable valueadded tax on positive balances in current accounts maintained by businesses with it to expedite the clearing of additional balances.

The Anti-Corruption Commission has suggested that the National Board of Revenue should properly crosscheck the authenticity of taxpayers’ income from reduced income tax rate enjoying sectors, including fish farming and poultry, to prevent accumulation of illegal assets.

Says Hideaki Kojima, the local representative of Mitsubishi UFG Bank, Japan’s largest lender